NEW YORK, NY – According to a story appearing on domain industry satire site DomainGang.com, popular domain investor and researcher George Kirikos, has discovered (and recently tweeted) that he located financial documents which indicate what appears to be a sale price of the geographic domain name Chicago.com. ?? I believe that the https://t.co/od6CZmyGsw domain name changed hands for USD $1 million. According to the IRS Form 990 for the Chicago Community Trust (buyer), … [Read more...]
California.com Puts GEO Domains Back on the Map with “Mid-Seven Figure” Sale
NEW YORK, NY – According to Industry news site DNW.com, and a press release, the Iconic US State Name, California.com has been acquired, along with a group of related domain names, in the mid seven figure range. Not bad for a parked domain name. What is truly amazing about this sale, and near-every business broker will spin their head around about, is that the sale is for an asset by itself, a possible business at a great address, with NO BUILT IN REVENUE OR … [Read more...]
Insane: France Seizes Geographic Domain Name France.com with Help from Web.com
NEW YORK - An unprecedented theft has occurred in the domain space as the European Country of France has stolen the Internet domain name France.com from its owner, who according to a lawsuit filed this month in California "has lawfully owned and used the domain name in commerce since 1994." Although Networks Solutions (Web.com) is not party to the lawsuit, it seems they would be guilty of gross misconduct in my opinion and should also be sued for transferring the … [Read more...]
16th Year Anniversary for .biz gTLD: Let’s Look at Top 100 Sales Over Past 5 Years
NEW YORK, NY – According to NameBio, there were a total of 936 reported .Biz domain sales over the last 5 year period. These top 100 total $474,673.00 in sales. The highest reported sales on this list were the domains “Hotel.biz” for $25,000.00 with the second place name as “LLC.biz” for $23,520.00. Hotel.biz redirects to Hotels.com while LLC.biz is developed and appears to be owned by a German company. Significant as far as recent gTLD discussions and debate, although … [Read more...]
Greatest Benefits of New gTLDs is PR, Temporary “Buzz Factor” “Link Equity”
NEW YORK, NY – A long time ago, say, 8-10 years ago, to effectively market a website on the Internet you needed to know how to do some very basic SEO (Search Engine Optimization) and you needed to acquire lots of inbound links to your site – from just about anywhere you could find them, and when you understood this and utilized it, you could reap tremendous reward from search engine traffic. This is because if you simply acquired or purchased enough inbound links to your … [Read more...]
